Daijiworld Media Network - New Delhi

New Delhi, Sep 29: The Reserve Bank of India (RBI) is expected to keep the repo rate unchanged at 5.50% during its upcoming Monetary Policy Committee (MPC) meeting, according to a report released Monday by Bajaj Broking. After a 50 basis point cut in June, the RBI held rates steady in August and is now widely anticipated to maintain the status quo as it navigates a delicate balance between low inflation and emerging risks to economic growth.

India’s consumer price inflation (CPI) saw a slight rise to 2.07% in August, up from 1.61% in July, breaking a ten-month streak of moderation. However, inflation still remains well below the RBI’s 4% target and comfortably within its tolerance band. Economists attribute the recent uptick mainly to rising food pri

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